Also, you didnt mention any financing costs, was this built with cash or do you roll that into your cost of construction?

I am just curious if you are utilizing cost segregation strategies for your investments? 

@Cameron Porter ultimately the most important part is the ARV, inclusive of the expected rehab costs.

Baselane, on the other hand, provides everything you need at a reasonable cost and is tailored for smaller landlords like us.

Each one with separate addresses and utilities.We originally put $585k of our own money into the project, and by the time we were ready to go to market in 2023 we were into it for about $2M (the pandemic really threw a wrench in our timeline and costs but also greatly increased the value).

The instruments needed for the transaction will be state specific which means you should have someone from California chime in with resources who can provide low cost documents (as these will be boiler plate).

The catch was that it would cost me $7k.

It is always valuable to be able to walk into a property an analyze cost to repair, it is a huge factor in determining the feasability.

Our goal is to be able to use either some type of software or spreadsheets to continue to build off of and help dial in our costs as we begin to hire more contractors for our team.

Low cost, possibly yes, but also possibly very time consuming and that has a cost.